TPYP vs. PDP ETF Comparison

Comparison of Tortoise North American Pipeline Fund ETF (TPYP) to PowerShares DWA Technical Leaders Portfolio (PDP)

TPYP

Tortoise North American Pipeline Fund ETF

TPYP Description

The investment seeks investment results that correspond generally to the price and distribution rate (total return) performance of the Tortoise North American Pipeline Index (the "underlying index"). The fund will normally invest at least 80% of its total assets in securities that comprise the underlying index (or depository receipts based on such securities). The underlying index is a proprietary rules-based, capitalization weighted, float adjusted index designed to track the overall performance of equity securities of North American Pipeline Companies. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$31.86

Average Daily Volume

58,837

Number of Holdings ^*

* may have additional holdings in another (foreign) market

PDP

PowerShares DWA Technical Leaders Portfolio

PDP Description

The PowerShares DWA Momentum Portfolio (Fund) is based on the Dorsey Wright Technical Leaders™ Index (Index). The Fund will normally invest at least 90% of its total assets in securities that comprise the Index and ADRs based on the securities in the Index. The Index includes approximately 100 US-listed companies from a broad mid- and large-capitalization universe. The Index is constructed pursuant to Dorsey, Wright & Associates, LLC's proprietary methodology, which takes into account, among other factors, the performance of each of the 3,000 largest US-listed companies as compared to a benchmark index, and the relative performance of industry sectors and sub-sectors. The Fund and the Index are rebalanced and reconstituted quarterly. Effective on or about Oct. 4, 2013, the name of the Fund changed from PowerShares DWA Technical Leaders Portfolio to PowerShares DWA Momentum Portfolio.

Grade (RS Rating)

Last Trade

$103.16

Average Daily Volume

15,638

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	TPYP	PDP
30 Days	2.55%	2.06%
60 Days	8.82%	10.17%
90 Days	11.23%	4.47%
12 Months	40.28%	37.23%

1 Overlapping Holdings

	Symbol	Grade	Weight in TPYP	Weight in PDP	Overlap
	TRGP	B	4.11%	2.77%	2.77%

TPYP Overweight 34 Positions Relative to PDP

Symbol	Grade	Weight
OKE	B	7.52%
WMB	A	7.32%
KMI	A	6.93%
LNG	A	6.61%
NI	A	3.9%
ET	C	3.9%
ATO	A	3.88%
EPD	A	3.84%
MPLX	A	3.28%
NFG	A	1.86%
AM	A	1.73%
PAA	D	1.62%
NJR	C	1.58%
SWX	C	1.53%
DTM	A	1.49%
WES	D	1.46%
OGS	C	1.42%
SR	C	1.31%
ENLC	A	1.24%
AROC	B	1.2%
SUN	D	1.11%
CPK	C	0.93%
PAGP	D	0.73%
HESM	D	0.63%
KNTK	B	0.6%
NWN	C	0.53%
CQP	F	0.36%
USAC	D	0.35%
GEL	D	0.28%
GLP	B	0.25%
NFE	F	0.21%
DKL	B	0.1%
EE	A	0.07%
CAPL	B	0.07%

TPYP Underweight 98 Positions Relative to PDP

Symbol	Grade	Weight
MA	A	-2.99%
NVDA	C	-2.65%
WRB	B	-2.59%
TDG	A	-2.51%
CPRT	B	-2.44%
CDNS	D	-2.24%
GWW	A	-2.23%
ROP	C	-2.23%
APP	A	-2.2%
TT	A	-1.82%
COST	C	-1.7%
CTAS	B	-1.66%
MEDP	F	-1.58%
SNPS	F	-1.52%
FIX	A	-1.51%
NVR	A	-1.47%
LLY	D	-1.45%
ENTG	D	-1.39%
KLAC	B	-1.39%
PWR	B	-1.31%
CMG	C	-1.28%
TJX	C	-1.22%
ELF	F	-1.18%
THC	C	-1.12%
CEG	B	-1.08%
FANG	D	-1.07%
V	C	-1.06%
AVGO	C	-1.06%
AMAT	B	-1.05%
URI	C	-1.02%
MTSI	B	-0.96%
ARES	A	-0.96%
HWM	A	-0.94%
DECK	B	-0.93%
FICO	A	-0.93%
ANET	A	-0.91%
BAH	A	-0.9%
ONTO	B	-0.89%
META	A	-0.86%
WING	B	-0.86%
ISRG	A	-0.84%
MSFT	D	-0.84%
ORCL	B	-0.83%
KKR	A	-0.8%
WFRD	F	-0.79%
RCL	C	-0.79%
COKE	B	-0.76%
CSL	A	-0.76%
ENSG	D	-0.75%
TTEK	B	-0.73%
AXON	A	-0.72%
CDW	D	-0.72%
APO	A	-0.69%
IRM	A	-0.69%
EVR	C	-0.69%
CLH	C	-0.69%
AIT	B	-0.67%
PSN	A	-0.66%
NFLX	A	-0.66%
PRI	A	-0.65%
AJG	D	-0.65%
GOOGL	B	-0.64%
HLI	C	-0.64%
BRO	A	-0.64%
TOL	A	-0.64%
PHM	A	-0.64%
HRB	C	-0.64%
MAS	A	-0.62%
USFD	C	-0.62%
PH	A	-0.62%
NSIT	B	-0.61%
APG	F	-0.6%
HUBB	A	-0.6%
MUSA	D	-0.6%
FCNCA	D	-0.59%
ACGL	A	-0.58%
MMC	D	-0.56%
FLR	D	-0.56%
TXRH	A	-0.56%
NTRA	A	-0.56%
LDOS	A	-0.55%
IR	A	-0.53%
OC	C	-0.53%
ETN	C	-0.53%
HOOD	C	-0.52%
AME	D	-0.52%
KBR	C	-0.51%
PTC	D	-0.51%
BJ	D	-0.51%
WLK	C	-0.5%
WSM	B	-0.5%
BLD	C	-0.49%
MCK	F	-0.47%
CROX	C	-0.47%
PSTG	F	-0.46%
GAP	F	-0.45%
CRWD	D	-0.44%
LRCX	D	-0.37%